I am planning to register a company. for a corp. is there any annual fees to maintain the company name in case I have to idle a while? what if a LLC? Is it better to incorparate in DE? What is the cost if I want an attorney to register and incorpate the company? Thanks.Connie
Country relating to Question: United States
State (if USA): Pennsylvania
Searched and read some articles in SBA. Did name search online.
There are many companies that you can set up the company on line. The setting up is not the problem. What you need to decide is what you need the company for. If your company will own or hold real estate then an LLC is preferably because its structure is better served for real estate because of state taxes. If you are planning on using the company nationwide or in other states than you live in, then a Delaware company is a good thing to do but you will still have to qualify to do business in another state if that's what you will do. It is better because of these questions to contact an attorney in your jurisdiction who can advise you on each entity set up and how it will work for you and also the different tax strategies for each choice. You can certainly form the company now- so it will have a history and use it later as long as you keep it active by paying the statutory fees.
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15 YEARS PRIVATE GENERAL PRACTICE CIVIL APPEALS, LITIGATION
I want this company to hold real estates, will rent them out. Also, I will have investors to join me in doing this, do you think this would be better in LLC or corp?
definitely an llc and then you need to have an attorney help you set it up. Depending on the state you are in you should contact the local bar association and see if they have an attorney referral service you can use.
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